The City of Los Angeles Pension Savings Plan is the City’s retirement savings plan for employees who are part-time, temporary, or seasonal, and therefore are not eligible to participate in one of the City’s three defined benefit pension plans:
Los Angeles City Employees’ Retirement System (LACERS)
Los Angeles Fire and Police Pension System (LAFPP)
Water and Power Employees’ Retirement System (WPERP)
The Pension Savings Plan is administered by the City’s Personnel Department which has contracted with ICMA Retirement Corporation (ICMA-RC) to provide administrative and other support services. If you are currently or were previously a part-time, temporary, or seasonal employee and believe you have a balance with the Pension Savings Plan, you can access your account here. You can also call ICMA-RC at 1-800-669-7400.
If you gain status as a regular, full-time City employee, you are also able to transfer your assets to the Deferred Compensation Plan, thereby using the assets to build long-term retirement security or to purchase service credit from your defined benefit pension plan. For assistance with this process, contact us!